With the tight rental market in Boulder, instead of fully relaxing during the upcoming family weekend at CU-Boulder, many parents face signing a high-rent lease for their child's off-campus housing next year.
But it doesn’t have to be this way.
Parents can get smart about their child’s college housing and offset the cost of college with a ‘Kiddie Condo Loan,’ says Duane Duggan on the RE/MAX of Boulder podcast with his guest Jessica Shanahan, loan officer from Premier Lending.
What’s a ‘Kiddie Condo Loan’?
Basically, instead of paying rent, you help your child buy a home.
“It doesn’t have to be a condo, it can be any kind of primary residence,” says Shanahan.
“If your child is coming to CU-Boulder and you want to invest in this…